#international-trade

#international-trade

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The order states that the de minimis exemption will no longer apply 'regardless of value, country of origin, mode of transportation or method of entry' meaning all shipments will be subject to 'all applicable duties, taxes, fees, exactions and charges'.

The UK-India trade agreement is valued at £4.8 billion, concluding three and a half years of negotiations and promising economic benefits for both countries.

The current uncertainty caused by unjustified tariffs cannot persist indefinitely, and the EU is preparing for all outcomes, including well-considered, proportionate countermeasures.

EU trade chief Maros Sefcovic expressed optimism about ongoing trade negotiations with the US despite President Trump's announcement of 30% tariffs on imports from the EU and Mexico.

The UK is an open trading nation but we must reconcile this with a new geopolitical reality and work in our own national interest.

The Court of International Trade ruled unanimously that Trump's tariffs were invalid, stating that they did not meet the standards set by the International Emergency Economic Powers Act.

The UK was the first country to secure a trade deal with the US earlier this month and we remain committed to protecting British business and jobs across key sectors.

The Independent is committed to providing quality journalism that remains accessible to all, avoiding paywalls that can restrict readers from crucial information.

The phrase 'reciprocity and fairness' was liberally used by both parties, each keen to demonstrate to their voting public the strength of the relationship between nations.